Goodreads helps you keep track of books you want to read.
Start by marking “Lying for Money: How Legendary Frauds Reveal the Workings of Our World” as Want to Read:
Lying for Money: How Legendary Frauds Reveal the Workings of Our World
Enlarge cover
Rate this book
Clear rating
Open Preview

Lying for Money: How Legendary Frauds Reveal the Workings of Our World

4.09  ·  Rating details ·  124 ratings  ·  15 reviews
Financial crime seems horribly complicated but there are only so many ways you can con someone out of what's theirs. In fact, there are four. A veteran regulatory economist and market analyst, Dan Davies has years of experience picking the bones out of some of the most famous frauds of the modern age. Now he reveals the big picture that emerges from their labyrinths of ...more
Hardcover, 320 pages
Published July 5th 2018 by Profile Books
More Details... Edit Details

Friend Reviews

To see what your friends thought of this book, please sign up.

Reader Q&A

To ask other readers questions about Lying for Money, please sign up.

Be the first to ask a question about Lying for Money

This book is not yet featured on Listopia. Add this book to your favorite list »

Community Reviews

Showing 1-30
Average rating 4.09  · 
Rating details
 ·  124 ratings  ·  15 reviews


More filters
 | 
Sort order
Start your review of Lying for Money: How Legendary Frauds Reveal the Workings of Our World
Zak
Apr 11, 2019 rated it it was amazing  ·  review of another edition
Shelves: non-fiction, scandal
Very interesting read on the various creative ways in which one could be scammed. Includes real examples of past scams such as the Great Salad Oil Swindle. A valuable resource for business owners, managers and investors alike, who are looking to avoid the pitfalls of investing in the wrong business or simply being defrauded by employees. There's a saying that goes something like, if it looks too good to be true, it probably is. This book goes a step further by advocating the more appropriate ...more
Jonny
Aug 19, 2018 rated it liked it  ·  review of another edition
This book manages to be less than the sum of its parts, mainly because being excellent on Twitter doesn’t always (usually?) convert into being a good book-length writer. The examples of historic frauds are excellent, and just the right balance of technical and interesting. But the book lacks an overall thesis, other than interesting things about frauds. I enjoyed it, but it’s difficult to know who to recommend it to other than people who enjoy reading detailed summaries of the key components of ...more
Xavier Shay
Jul 26, 2019 rated it it was amazing  ·  review of another edition
Well written, funny, informative.

> If you want to be like Canada, you more or less have to accept that you’re going to be the kind of place where people assume that a guy in a suit is probably honest.

> This state of affairs is actually quite uncommon in the criminal justice system. Most trials only have a couple of liars in the witness box, and the question is a simple one of whether the accused did it or not. In a fraud trial, rather than denying responsibility for the actions involved,
...more
Andrew Clarke
Decent overview of a bunch of common scams. I’d prefer more detail on the stories. One chapter was very in the clouds and I skimmed it. A few stories needed to be edited and rewritten, the flow and explanation were off.

I really loved Bad Blood, Liars Poker, Black Edge, Red Notice, and other similar financial crime books (morbid curiosity and hopefully a warning of what people to avoid as I work in the finance/tech industry). This was in a similar vein but didn’t quite scratch the itch. Probably
...more
Terry Clague
Feb 08, 2019 rated it really liked it
Terrific, entertaining history of financial scam and accounting fraud from a hugely insightful author, who's able to leverage expertise to get around what seems to be (to paraphrase Bill Shankly) a simple game made complicated by charlatans (to confuse juries).

Highly recommended, not least for the (largely male) names of the constellation of con-men who feature in the case studies, including Jordan Belfort ('simpering, sniggering' inspiration for the dull flick, Wolf of Wall Street), Dapper Dan
...more
Brishen
Dec 10, 2018 rated it it was amazing  ·  review of another edition
Really excellent book, already bought a second copy for a gift.
While the descriptions of different frauds were entertaining, it is the parts of the book that talk about how certain systems are susceptible that makes it stellar. Some really strong insight here that have had me thinking in entirely new ways about the subject - excellent!
Irene
Aug 15, 2018 rated it it was amazing  ·  review of another edition
I thought this book might be on the dry, technical side, but it had me laughing out loud at some of the escapades. Apparently the most important attribute needed for committing financial fraud is balls of steel. This book is a riot. Highly recommended.
Richard
Jul 16, 2018 rated it it was amazing  ·  review of another edition
This is an excellent book. It is both full of great stories about historic frauds, and also offers a very satisfying and nontechnical theoretical account of how fraud works, and how/when you might expect to see it.

(Disclosure: I know the author, but it really is very good)
Neil
Feb 04, 2019 rated it it was amazing  ·  review of another edition
Great read. Fun stories of crooks and have been a longtime fan of the author's analytical style and humour on the internet for a while -and enjoyed that here a lot.
Warren Gossett
Oct 17, 2018 rated it it was amazing  ·  review of another edition
Simple lies about money and business arrangements become complicated with unexpected results. Do some cheaters win? Perhaps, but the odds are against you.
Laura Spira
A pleasant romp through some recent examples of fraud, some entertaining footnotes, but not as good as the classic "Fraud in the City" by Rowan Bosworth-Davies.
Heather
Dec 25, 2018 rated it really liked it
A book that shows that fraud is nothing new, some have a tinge of legality but are still fraudulent. As they say, crime, or in this case, fraud, however you frame it, doesn't pay.
Taras
Dec 11, 2018 rated it really liked it  ·  review of another edition
Exciting and entertaining read. Good if you are working in one of the industries subject of the book (finances, legal, consulting and accounting services and capital-intensive businesses). It will help you develop a healthy level of scepticism on how things work in such industries. However, what I did not like were the parts of the book where the author goes away from describing the anecdotal cases and starts making some broad, far-reaching philosophical and theoretical conclusions about the ...more
Mike Gunderloy
Dec 31, 2018 rated it it was amazing  ·  review of another edition
If you're planning a life of business fraud, you might want to read this first. Not because Davies tells the stories of fraudsters who got caught (though he does), but because he comes up with a theoretical framework for identifying those holes in our social system where fraud is easiest & most likely to succeed. From colonies in South America to VAT "carousel fraud" he does a fine job of providing a taxonomy of ways to make money without the bother of an honest day's work.
Richie T.
rated it liked it
Sep 06, 2019
Danyal Bawany
rated it liked it
Nov 14, 2019
Officer
rated it liked it
Sep 16, 2019
G J
rated it liked it
Sep 11, 2018
Kristjan Velbri
rated it it was amazing
Aug 25, 2019
Matthew Edwards
rated it it was amazing
Nov 25, 2018
Azima
rated it it was amazing
Jul 28, 2019
Hiccopolit
rated it really liked it
Dec 30, 2018
Seb Barker
rated it liked it
Nov 03, 2019
Rachel Dy
rated it really liked it
Sep 18, 2018
John
rated it it was ok
Dec 08, 2018
Dan
rated it it was amazing
Aug 27, 2018
Paul Fadoju
rated it liked it
Nov 12, 2018
Jeremias
rated it really liked it
Jun 25, 2019
MikeG
rated it really liked it
Jan 19, 2019
Milirejo
rated it really liked it
Sep 08, 2018
« previous 1 3 4 5 next »
There are no discussion topics on this book yet. Be the first to start one »

Readers also enjoyed

  • Moneyland: Why Thieves and Crooks Now Rule the World and How To Take It Back
  • Crashed: How a Decade of Financial Crises Changed the World
  • Super Pumped: The Battle for Uber
  • Agent Running in the Field
  • Capital Without Borders: Wealth Managers and the One Percent
  • Humble Pi: A Comedy of Maths Errors
  • The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google
  • Legacy: Gangsters, Corruption and the London Olympics
  • Castle: A History of the Buildings that Shaped Medieval Britain
  • The Informers
  • Law, Liberty, and Morality
  • The Spider Network: The Wild Story of a Math Genius, a Gang of Backstabbing Bankers, and One of the Greatest Scams in Financial History
  • The Empress of India
  • About Looking
  • The Work of Art in the Age of Mechanical Reproduction
  • Principles Of Corporate Finance
  • Eesti majanduse 100 aastat
  • Shadow of the Silk Road
See similar books…